The Industrial Portfolio, located in Arizona, Florida, Georgia, Kentucky, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia, has been sold in a transaction worth $1,260,000,000. The portfolio includes industrial assets spanning an area of 9,700,000 square feet, with an average price per square foot of $130. The sale was finalized on June 30, 2022.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $1,260,000,000
• Address: Industrial Portfolio
• Market: Arizona, Florida, Georgia, Kentucky, Missouri, North Carolina, South Carolina, Tennessee, Texas & Virginia
• Buyer: GIC
• Seller: MDH Partners - Jeff Small
• Brokers: Kevin Thomas, Wes Sheumaker, Daniel McKeithen & Kristina Kopf Thomas - Eastdil Secured
• Advisors: Mark Herlach, Scott Wright, Frank Comparetto III, Kaitlyn Coots, Danyelle Dukes, Mary Kate Nicholson, Vaughn Powell & Allison Speaker - Eversheds Sutherland

Jeff Small served as the representative for the seller, MDH Partners, in the transaction. The buyer was represented by GIC. The deal was facilitated by brokers Kevin Thomas, Wes Sheumaker, Daniel McKeithen, and Kristina Kopf Thomas from Eastdil Secured. The transaction also involved advisors Mark Herlach, Scott Wright, Frank Comparetto III, Kaitlyn Coots, Danyelle Dukes, Mary Kate Nicholson, Vaughn Powell, and Allison Speaker from Eversheds Sutherland.